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Bengaluru Leads India’s Housing Market as Apartment Sales Reach 1.38 Lakh in H1 2026: JLL

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India’s residential real estate market continued its steady growth trajectory during the first half of 2026, reflecting sustained homebuyer confidence despite global economic uncertainties. According to the latest report by JLL India, apartment sales across the country’s seven major cities increased by 3% year-on-year to 138,382 units during the January-June period, highlighting the resilience of the housing sector.

The report, which covers Mumbai, Delhi-NCR, Bengaluru, Chennai, Hyderabad, Pune and Kolkata, shows that healthy demand, combined with higher residential launches, helped maintain momentum across India’s key property markets. The study focuses exclusively on apartment sales and excludes villas, row houses and plotted developments.

Among all the major cities, Bengaluru retained its position as India’s leading residential market. The city recorded 35,017 apartment sales during the first half of 2026, registering an impressive 16% year-on-year growth. Developer confidence was equally evident, with Bengaluru witnessing 48,748 new apartment launches, representing a strong 41% increase compared to the corresponding period last year.

Industry experts attribute Bengaluru’s performance to its robust technology ecosystem, expanding Global Capability Centres (GCCs), improving physical infrastructure and sustained employment generation. These factors continue to attract professionals from across the country, driving demand for well-planned residential communities offering better connectivity, lifestyle amenities and long-term value.

JLL also highlighted a significant shift in buyer preferences towards premium housing. Homes priced between ₹1 crore and ₹3 crore recorded a remarkable 58% year-on-year increase in demand, indicating that buyers are increasingly willing to invest in premium developments located in established micro-markets with superior social infrastructure.

Across the seven major cities, developers launched 168,507 apartments during the first half of 2026, a 9% increase over the previous year. The continued rise in new supply reflects developers’ confidence in sustained residential demand and the long-term growth potential of India’s housing market.

With rapid urbanisation, expanding infrastructure networks and increasing investments in commercial and technology sectors, India’s residential real estate market is expected to remain on a positive growth path. Bengaluru, backed by its strong economic fundamentals and growing premium housing demand, is likely to continue leading the country’s residential sector in the coming quarters.

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